Siemens Energy invests in US factory
The German energy company invests billions in expanded production to create around 600 new jobs. ”We see the long-term potential to increase our U.S. footprint,” says Labor Director at Siemens Energy.
While the turbine division continues to struggle, the rest of Siemens Energy is making progress, not least in the Grid Technologies business, which provides transmission solutions both offshore and onshore. In the three months leading up to the turn of the year, this part of the company received orders worth EUR 8.2bn, which was more than double the average of the previous quarters.
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